Arthur Hayes Says Crypto Regulation Was Never the Catalyst as Bitcoin Blasts Past $84,000
- —Bitcoin rose 5% to $84,000, up 8% on the week
- —Senate failed to advance CLARITY Act in a 49-50 vote
- —Fed raised rates by 25 bps to 3.75%-4%
- —Daily trading volume climbed to $85.6B from $72.4B
Why it matters: Bitcoin's rally despite the bill's failure and a rate hike reinforces the narrative that the bottom is in and a bull market is coming in Q4 2026.
Source: Cryptonews.com